New York Times: Why the World Should Worry About Escalating Israel-Iran Conflict for These Four Reasons

The New York Times recently pointed out four key reasons why the global community does not want the conflict between Israel and Iran to escalate, including the military strength of both sides and the potential involvement of the United States. (Background: 'Lebanon Municipal Building' in Israel was bombed, resulting in the death of 16 people! It is rumored that the Israeli military will retaliate against Iran, posing risks to oil and nuclear facilities.) (Background: Hezbollah rockets penetrate the 'Iron Dome' defense system! The third largest city in Israel is attacked, with at least 10 people injured.) Earlier this month, Iran launched at least 200 missiles at Israel in retaliation for the killing of Hamas leader Haniyeh and Hezbollah leader Nasrallah, as well as the casualties of the Lebanese and Palestinian people. Israeli Prime Minister Netanyahu responded at the time that Iran made a big mistake and would pay the price for it. The Israeli Defense Forces also vowed to strike Iran with great force, pointing out that Iran's actions would escalate the already tense situation in the Middle East, causing concerns that the regional risks in the Middle East might ultimately spiral out of control. Why does the conflict between Israel and Iran cause global concerns? In response to this background, the New York Times pointed out in a report on October 24 that the world's attention is currently focused on the tense relations between Israel and Iran, and hopes that the conflict between the two sides will not continue to escalate. The specific reasons are as follows: 1. Israel and Iran have the two most powerful militaries in the Middle East. Israel has one of the most technologically advanced militaries in the world, with a high capacity for military production. In addition, the United States has provided Israel with about 29,000 bombs, rockets, and various missiles since 2009, giving Israel a strong reserve of firepower. The Iranian armed forces are one of the largest in the Middle East, with at least 580,000 active duty personnel and an additional 200,000 reservists. At the same time, Iran has one of the largest ballistic missile arsenals in the Middle East and has a large number of drones that can fly at low altitudes to avoid radar detection. 2. The war could involve the United States and Gulf countries. As an ally of Israel, the United States could be drawn into the conflict after it escalates. In addition, the U.S. Department of Defense stated at the end of September that it will deploy thousands of U.S. troops to the region and provide Israel with an advanced missile defense system called THAAD, along with 100 U.S. military personnel to assist in operations. On the Iranian side, veiled threats have been issued to countries hosting U.S. troops, such as the United Arab Emirates. Iran's representative to the United Nations also issued a statement earlier this month stating that any country that assists aggressors will be considered an accomplice and a legitimate target for attack. 3. The economic devastation would be significant. Earlier reports indicated that Israel could target Iran's oil infrastructure in the future. If the oil industry is affected by the war, the global supply chain will be shaken, leading to price increases, reduced employment, and investment, and increasing the risk of economic recession. 4. The risk of miscalculation in the war is high. In recent years, Middle East experts generally believe that both Iran and Israel want to avoid direct conflict. However, given the current situation, Israel seems more inclined to take risks and go to war with Iran. In the conflict and friction, both sides may break the existing deterrence framework multiple times due to miscalculating each other's reactions, and the consequences are unimaginable. BTC faces similar threats. In the conflict earlier this month, BTC was affected by Iran's missile attacks on Israel, and its price once dropped to nearly $60,000. If the war continues to escalate and triggers a larger-scale military conflict, it is not ruled out that BTC may suffer another severe setback. Therefore, the situation in the Middle East has set an unpredictable time bomb for the rise of BTC in this bull market. Related reports: Trump responds to Iranian missile attack: Israel should 'hit nuclear facilities' first; timing of possible war revealed. Israel threatens to attack 'Iranian nuclear facilities,' Biden warns: Don't go too far. Taiwan stocks plummet by 774 points, setting a record low, while BTC breaks through $65,000! 'New York Times: Why should the world be concerned about the escalation of the conflict between Israel and Iran?' This article was originally published by BlockTempo, the most influential blockchain news media in the BlockTempo region.